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Trade-Ideas LLC identified Kandi Technologies Group ( KNDI) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Kandi Technologies Group as such a stock due to the following factors:

KNDI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $63.8 million.

The average volume for Kandi Technologies Group has been 2.8 million shares per day over the past 30 days. Kandi Technologies Group has a market cap of $713.7 million and is part of the consumer goods sector and automotive industry. The stock has a beta of 1.11 and a short float of 23.8% with 1.81 days to cover. Shares are up 63.7% year-to-date as of the close of trading on Friday.